Blue Ocean strategy is a business approach that focuses more on such Blue Ocean areas. There are two types of market spaces(oceans): Blue and Red
a] Blue Ocean is the new, uncontested market space, competition is negligible, increases profitability
I disagree; we can see many recent examples of Blue Ocean strategies. For instance, the arrival of ChatGPT created a new market space, leading to the rise of competitors and benefiting users.
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Atharva Deshmukh
Daily Learnings...ย โขย 1m
Blue Ocean strategy is a business approach that focuses more on such Blue Ocean areas. There are two types of market spaces(oceans): Blue and Red
a] Blue Ocean is the new, uncontested market space, competition is negligible, increases profitability
There are so many digital marketing agencies and saas agencies i have been seeing since some years and still growing. But in this blue ocean, what makes these agencies standout, survive and get it to top. Also tell me why are people still trying to s
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Shiv Bharankar
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Blue Ocean Strategy๐
Most businesses compete in a red ocean crowded markets where everyone is fighting for the same customers. But what if you didnโt have to compete? What if you could create your own market where thereโs no competition?
Thatโs th
The Indian Ocean is the only ocean named after a countryโIndia. Despite touching three continentsโAsia, Africa, and Australia, it was named after India due to its geographical position, historical influence, and maritime dominance.
For thousands of
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SHIV DIXIT
CHAIRMAN - BITE INDU...ย โขย 6m
๐ DAILY BOOOK SUMMARY ๐
๐ 11 Lessons from ๐
๐ฅ Blue Ocean Strategy ๐ฅ
By W. Chan Kim ๐ฏ
1. Definition of Blue Ocean Strategy
โข Focuses on creating uncontested market spaces rather than competing in existing ones.
โข Aims to render compe
Is your startup idea stuck in a red ocean?
๐Red oceans represent crowded markets with fierce competition. Blue oceans, on the other hand, are uncontested markets ripe for innovation.
Let's use Medial as an example.
In Medial's case red ocean ex:
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Aman Verma
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Competition should not accupy the centre of strategic thinking
This line hits me...
Are you a business owner or starting out I would recommend a Book "Blue Ocean Strategy".
This book is for business working on bigger view...
But it's full of p
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Jav
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If your absolute end competitors are giants.
START UNIQUE.
Just like how rapido first entered the market with the term "bike pooling" and now it's a leading competitor to ola and uber in India in terms of auto or cab rentals.